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Average Transport Fare Increases As Government Eases Lockdown

Average Transport Fare Increases As Government Eases Lockdown       Following the extension of the third phase of eased lockdown, the average transport fares across the four modes of transportation have increased considerably. This is according to the Transport Fare Watch data for July 2020 provided by the...

Lockdown, Physical Distancing Almost Shut Down Economy – FG

Lockdown, Physical Distancing Almost Shut Down Economy – FG     The lockdown and physical distancing measures that were implemented to curb the spread of COVID-19 in Nigeria almost led to a complete shutdown of economic activities across the country, the Federal Government said on Sunday. In her...

COVID-19: The Unending Lockdowns in Nigeria

COVID-19: The Unending Lockdowns in Nigeria By Ya’u Mukhtar   Ever since the outbreak of the novel coronavirus infection which emanated from Wuhan, a city in Hubei province of China and subsequently leads to the current pandemic, the disease has been travelling and fast spreading across various nations...

Lockdown: Africa Loses $65.7bn Monthly – ECA

Lockdown: Africa Loses $65.7bn Monthly - ECA     The Economic Commission for Africa (ECA) has released a new report proposing to African nations various COVID-19 exit strategies following the imposition of lockdowns that helped suppress the spread of the COVID-19 in the region but with devastating...

Stock: Despite Lockdown, Investors Gain N897bn

Stock: Despite Lockdown, Investors Gain N897bn     Notwithstanding the lockdown the Nigerian economy witnessed in April over the ravaging CODIV-19 pandemic, the stock market, boosted by the remote trading via fintech, recorded a gain of N897bn during the month. The Federal Government had ordered restriction of movements...

COVID-19: Oil Prices Rise As Countries Ease Lockdown

COVID-19: Oil Prices Rise As Countries Ease Lockdown     Oil extended gains in Asia Tuesday on signs of improving demand as coronavirus-hit major economies begin to ease strict curbs and as top producers slash output. US benchmark West Texas Intermediate for June delivery was up 7.26 per...